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Daily Archives: March 27, 2009

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52-Week Low Club (ADG, BTI, ESRX, MAC, INDM)

Posted: March 27, 2009 at 3:06 pm

The rally has been large enough that even with a sell-off of this magnitude we saw very few stocks on 52-week lows.  Here are the ones hitting new 52-week lows ...
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Bankers Try To Make Up With The Administration (JPM, MS, GS, BAC)

Posted: March 27, 2009 at 1:11 pm

Today was a critical day for the banking sector.  The country's top banking chiefs met with President Obama over the recent discrepancies in TARP fund ramifications, paying back the TARP, ...
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Fewer & Fewer Rigs, More Foreign Oil Dependence (BHI, OIL, USO)

Posted: March 27, 2009 at 12:30 pm

It appears that oil stability and a large percentage rise off of lows is not enough for drillers.  Baker Hughes Inc. (NYSE: BHI) released its weekly total rig counts for ...
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FriendFinder Still Pursuing IPO

Posted: March 27, 2009 at 11:45 am

FriendFinder Networks, Inc. is still in the hunt for an initial public offering.  This is not a run-of-the-mill IPO, as FriendFinder is the parent company of AdultFriendFinder, a site for ...
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Why Dell (DELL) Is Toast

Posted: March 27, 2009 at 11:15 am

Dell (DELL) has a problem, or a series of problems. Its share of the PC and server businesses is under pressure from IBM (IBM), HP (HPQ), IBM (IBM), Sun (JAVA), ...
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Sky Driving: Why you could soon own a flying car.

Posted: March 27, 2009 at 9:43 am

By Matthew DeBord of The Big Money What a difference getting airborne makes. Until this month, flying cars were the stuff of Blade Runner, postmillennial defeatist humor about how far ...
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Fertilizer Merger Getting Richer (AGU, CF, TRA)

Posted: March 27, 2009 at 9:37 am

We've been watching the fertilizer industry's merger triangle of Agrium Inc. (NYSE: AGU), CF Industries Holdings, Inc. (NYSE: CF), and Terra Industries, Inc. (NYSE: TRA) for a while now. In ...
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NRG Throws Debt Scare at Exelon (NRG, EXC, RRI)

Posted: March 27, 2009 at 9:26 am

NRG Energy, Inc. (NYSE:NRG) has sent a letter to Exelon Corporation (NYSE:EXC) calling on Exelon to withdraw is proposal to expand NRG's board and to "pack" the board with Exelon ...
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Conoco, When An Upgrade Isn’t An Upgrade (COP, GS, BRK-A)

Posted: March 27, 2009 at 8:53 am

ConocoPhillips Corporation (NYSE:COP) got a mixed blessing from Goldman Sachs Group Inc. (NYSE:GS) this morning. The bank raised its rating on Conoco from 'Neutral' to 'Buy' based on Conoco's valuation.  ...
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Piper Jaffray Initiates Coverage on Genzyme (GENZ) with a Buy; Attractive Entry Point

Posted: March 27, 2009 at 8:20 am

Piper Jaffray & Co. initiates coverage on Genzyme (Nasdaq: GENZ) with a Buy rating and $86 price target, citing steady growth with highly achievable catalysts. Piper analyst says, "We believe ...
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Osiris Crushed on Crohn’s Trial Design Flaw (OSIR)

Posted: March 27, 2009 at 8:17 am

Osiris Therapeutics, Inc. (NASDAQ: OSIR) is seeing its stock getting pounded this morning.  The company announced that it was ending enrollment at 210 patients in its Phase III trial evaluating ...
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Is China’s Solar Industry Following the Ethanol Path? (YGE, SOLF)

Posted: March 27, 2009 at 8:03 am

The government of China's announcement that it would subsidize solar projects that exceed 50 kilowatts gave China's solar industry a big boost. Still,the more that government piles into the solar ...
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Personal Income & Spending: Consumer Inversion Continues

Posted: March 27, 2009 at 7:41 am

February's personal income and spending is not looking like any major recession cuts are keeping households from buying needed goods, but if the math is right then they are spending ...
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Top 10 Analyst Upgrades & Downgrades (AMGN, COP, DD, GENZ, GS, MON, MOS, BBY, PBR, VMW)

Posted: March 27, 2009 at 6:59 am

These are ten of the top impact research calls with upgrades and downgrades from Wall Street early this Friday morning: Amgen (AMGN) Raised to Overweight at JPMorgan. ConocoPhillips (COP) Raised ...
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Key Solar Stocks Hit By Downgrades (FSLR, STP, TSL)

Posted: March 27, 2009 at 6:40 am

After the huge run up in solar stocks on Thursday, there are actually several key downgrades this morning.  These are the main ones we have seen so far: First Solar ...
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